Showing posts with label Bayad. Show all posts
Showing posts with label Bayad. Show all posts

Wednesday, August 28, 2024

Bayad cybersecurity lead awarded as Cybersecurity Practitioner of the Year in the 2024 World Financial Innovation Series

Rolly “RB” N. Bañez, Bayad Deputy Chief Information Security Officer and Head of Cyber Security Governance has been recognized with Cybersecurity Practitioner of the Year Award in the recently concluded 2024 World Financial Innovation Series.

Organized by Tradepass, a renowned international business networking platform, the World Financial Innovation Series was held on August 13-14, 2024 at the Marriott Hotel, bringing together over 600 tech and business experts from leading banks, insurance, and micro-finance institutions across the country.

Bañez’ Cybersecurity Practitioner of the Year Award highlights his exceptional leadership in establishing robust and advanced cybersecurity framework in his organization – Bayad (previously Bayad Center), while amplifying a culture of cybersecurity awareness in the fintech industry.

Monday, August 19, 2024

Bayad President and CEO, recognized as one of the 2024 Top Filipino Innovators

Lawrence Y. Ferrer, Bayad President and CEO, has been recognized as one of the Top Filipino Innovators in the recently concluded 2024 Mansmith Innovation Awards.

Organized by Mansmith and Fielders Inc., a leading marketing consultancy company in the Philippines, the said awarding event aims to highlight exceptional Filipino innovators who significantly empowered industry breakthroughs such as digital transformation, business model innovation, and market-driving strategies.

The Mansmith Innovation Awards featured two distinct categories: Master Innovator and Enterprise Innovator. Master Innovators are industry leaders that have attained profitable scale, category leadership and sustainable impact, while Enterprise Innovators are rising stars who have shown potential for growth and capacity for profitable success.

Sunday, August 11, 2024

MVP Group’s DigiCo invests in Bayad, driving digital financial inclusion in PH

PLDT Inc, Manila Electric Company (Meralco), and Metro Pacific Investments Corporation (MPIC)’s DigiCo has agreed to acquire a 10% interest in CIS Bayad Center, Inc. (Bayad) to help accelerate the country's shift to digital payments.

Bayad, formerly known as Bayad Center, is the pioneer in the outsourced bills payment collection service in the Philippines. Collecting for more than 400 private and government institutions into its robust system, Bayad is currently used by over 120,000 major retail establishments, neighborhood stores, as well as leading fintech and electronic money institutions across the country.

“Since revolutionizing outsourced payment collections in the Philippines 27 years ago, Bayad has remained a pillar of financial inclusion. We bridge the gap between consumers and businesses by providing accessible, reliable, and impactful payment solutions. Our success is a testament to the unwavering trust placed in us by billing institutions, government agencies, payment channels, and the Filipino public. We are humbled by DigiCo's confidence in our vision to empower Filipinos financially. Together, Bayad and DigiCo look forward to building a future that fosters not only the digital and financial well-being of the MVP Group, but of the entire nation,” shared Bayad President and CEO Lawrence Y. Ferrer.

Tuesday, July 16, 2024

Bohol Water to expand bills payment touchpoints through its partnership with Bayad

Bayad, formerly known as Bayad Center, and now a multi-service fintech institution seals its partnership with Bohol Water Utilities Inc., a water utility provider widely present in Tagbilaran City.

Under the partnership, Bayad will be able to accept Bohol Water payments through its company-owned and franchised payment centers.

Leveraging on its “Pay Anywhere” stance, Bayad is keen to further extend Bohol Water payment services through its mobile application - Bayad App, it’s web application - Bayad Online, as well as its MSME agents, partner establishments and leading e-wallet players in the Philippines.

Thursday, July 4, 2024

Bayad is now PCIDSS 4.0 certified, elevating payment security standards in the Philippines

With the fast-growing fintech network in the Philippines, Bayad continues to trailblaze in the industry as an outsourced bills payment collection service provider, enabling a one-stop-shop payment solution for its consumers.

Formerly known as Bayad Center, the company has rebranded to Bayad, transforming into a digital first institution which offers a full-range of services made available for consumers and enterprise. From its own brick-and-mortar business model, Bayad has expanded its payment ecosystem by connecting a multitude of billers with leading establishments and e-money players in the country.

Today, Bayad stands as a fintech subsidiary of Meralco, the largest electric distribution utility company in the Philippines.

Friday, June 28, 2024

Bayad Empowers MSMEs with Bills Payment and Loading Business

Paying bills is an inevitable part of life, and it always gives us a great sense of relief once we are able to settle them on time.

This is why Bayad, the country’s pioneer brand in the outsourced bills payment collection service, has become even more proactive in its expansion efforts of bringing one-stop-shop financial services closer to Filipinos.

Apart from providing customers’ assurance that their household utilities won’t get cut off, they can also settle their government contributions, cover for their insurance premiums, load for tollway RFID services, load their prepaid and postpaid accounts, and even settle their loans in just one go.

Thursday, June 20, 2024

Bayad and MyEG seals partnership, promoting accessible options for government services

Bayad, the pioneer brand in the outsourced bills payment collection system in the Philippines, and now a full-service fintech company, seals its partnership with MyEG, a market leader in electronic solutions providing online automation and government payment services in Malaysia and the Philippines.

Under the partnership, MyEG Philippines will integrate its biller brands with Bayad, allowing Bayad’s physical and digital touchpoints to accept payments for government institutions such Landbank of the Philippines – Link Biz, Securities and Exchange Commission (SEC), Philippine Economic Zone Authority (PEZA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA), Department of Health  - Metro Manila Center for Health Development (DOH-MMCHD), Subic Bay Metropolitan Authority (SBMA), and different Local Government Units (LGUs).

Sunday, June 16, 2024

Bayad drives discourse on business innovation during the 11th Mansmith Market Masters Conference

Bayad President and CEO Lawrence Y. Ferrer joins the discourse on the “5 Skills of Market Masters Strategists” during the 15th Mansmith Market Masters Conference held on May 8, 2024 at The Fifth, Rockwell Center, Makati, Metro Manila.

Organized by Mansmith and Fielders, Inc., a leading training and consultancy company in the Philippines, the said event gathered a panel of renowned industry leaders in the retail, healthcare, fintech, clothing, advertising, esports, electronics, and lending sector.

Ferrer then shares insightful business practices as he spotlights the subject “Innovating Skills: Winning and Thriving in the Market Landscape”.

Essentially, Ferrer emphasized customer-centricity, data-driven strategies, leveraging technology, and corporate culture as the cornerstone of every successful business.

Monday, June 10, 2024

Bayad and DepEd, amplifies advocacy on financial literacy

Winners and participants of Bayad Sapat Dapat Comprehensive School Program - Quiz Bee on Financial Literacy at Mandaue City Central School, Mandaue City, Cebu.

With the lingering economic disruptions caused by the COVID-19 pandemic, 2023 ended up to be a financially challenging year for Filipinos. According to Bangko Sentral ng Pilipinas, the inflation rate has climbed from 2.4 percent in 2020 to 6.0 percent in 2023, the highest inflation rate recorded in 15 years.

It is in this light that Bayad - the pioneer and industry-leader in bill payments, and the Department of Education (DepEd), amplifies its advocacy on Financial Literacy through its continuous implementation of “Bayad Sapat Dapat”, a comprehensive school program that aims to reinforce the importance of financial literacy and money management in the formation years of Filipino students.

Monday, March 25, 2024

BAYAD PR | Bayad and GETT closes partnership deal to offer convenient payment solutions

CHAMPIONING DIGITAL FINANCIAL INCLUSION: Executives of Bayad and Gateway Express Travel and Tours (GETT) on their partnership signing. Seen in the photo (from L-R) are Bayad President and CEO Lawrence Y. Ferrer, Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao, GETT President and CEO Mark Anthony O. Bas, and GETT Officer In Charge for Travel and Ticketing Joanne Albis

Bayad, the pioneer brand in the outsourced payment collection service in the Philippines, officializes its partnership with Gateway Express Travel and Tours (GETT), a travel agency arm of El Roi Group of Companies.

El Roi Group of Companies is an international institution headquartered in Dubai that specializes in ticketing, hotel bookings, local and international tours, immigration consultancy, and a variety of online network marketing services. On the other hand, GETT is also widely present in Metro Manila and South Luzon.

Saturday, March 16, 2024

Bayad and Pay&Go seals partnership with Carmona Cavite local government, bringing accessible bills payment services

In photo (L-R): Pay&Go Senior Alliance Manager Kenneth de Guzman, LGU Carmona City Administrator Melanie C. Altarez, LGU Carmona City Mayor Dr. Dahlia A. Loyola and Bayad Business Development Manager Ms. Kathlyn R. Alarcon, together with LGU Carmona City Councilors.

As the Local Government of Carmona, Cavite celebrates its first cityhood anniversary last February 19, 2024, City Mayor Dr. Dahlia A. Loyola leads a week-long program celebration that champions its different programs including its advocacy on financial inclusion. In line with this, a joint partnership between the LGU, Bayad and Pay&Go was officially sealed on February 20, 2024.

Monday, March 4, 2024

Bayad clinches Excellence Awards during the Pag-IBIG Fund Chairman's Report for 2023

In photo (L-R): Pag-IBIG Fund VP for Legal and General Counsel Group. Chief Legal Counsel and Head of Compliance – Atty. Marcial C. Pimentel Jr., Pag-IBIG Fund Deputy Chief Executive Officer for Home Lending Operations Cluster – Benjamin R. Felix Jr., Bayad VP and Head for Biller Solutions Anely P. Aviles, Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, Bayad President and CEO – Lawrence Y. Ferrer, Bayad Account Officer – Rommel S. Villeza, Pag-IBIG Fund Deputy Chief Officer for Support Services Cluster – Atty. Robert John S. Cosico, and Pag-IBIG Fund Deputy Chief Executive Officer for Member Services Cluster – Alexander Hilario G. Aguilar.

Bayad clinches Excellence Awards during the Pag-IBIG Fund Chairman's Report, held on February 27, 2024 at PICC Complex, Roxas Boulevard, Pasay City. 

The awarding ceremony highlights Bayad as Pag-IBIG Fund’s Non-bank Top Collecting Partner, having served the highest contribution on Pag-IBIG Fund’s Employer Electronic Submission of Remittance Schedule (ESRS) for the year 2023.

Wednesday, February 14, 2024

Bayad champions financial inclusion with Quezon City Local Government

Residents of Quezon City together with honorable Mayor Joy Belmonte, and representatives of Meralco and Bayad during the QC Pangkabuhayan program.

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, together with its parent institution MERALCO, ties up with the local government of Quezon City as it holds its flagship livelihood training program “QC Pangkabuhayan”.

Now on its third year, the said event was held last January 23 to 25, 2024 at Serbisyong Bayan, Batasan Hills, Quezon City and at Quezon City Municipal Hall.

Thursday, January 25, 2024

Bayad Powers the Bills Payment Services of GoTyme Bank

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, officially sealed its partnership with GoTyme Bank, one of the country’s fastest growing digital banks.

GoTyme Bank is a joint venture between the Gokongwei group of companies and the multicountry digital banking group Tyme. This time, through its partnership with Bayad, GoTyme App enables bills payment services covering household utilities, tollway RFID load, e-loading, telco, internet, government contributions, and many others.

Tailor-made for the increasingly e-payment savvy Filipino market, GoTyme App provides the convenience of one-stop-digital-shopping experience.

Monday, January 8, 2024

Bayad strikes alliance with Pisopay.com, powering bills payment services

CHAMPIONING DIGITAL FINANCIAL INCLUSION: In photo from left to right are Pisopay.com CEO Ariel Surca, Pisopay.com Chairman Jae Jung Jang, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Marketing Officer Dennis Gatuslao.

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, beefs up its partnership with Pisopay.com Inc., a cloud-based financial application provider taking a more aggressive stance in the e-commerce industry through its remittance and bills payment services.

Wednesday, January 3, 2024

Bayad and Sun Life Grepa make insurance services more accessible for Filipinos

CHAMPIONING DIGITAL FINANCIAL INCLUSION: Bayad Marketing and Account Officers (standing, 2nd to 6th from left) with Sun Life Grepa Affinity Marketing Sales Head for Partnership Distribution Marge Estrera (standing, leftmost) are present with (seated left to right) Sun Life Grepa Vice President for Affinity Marketing Joen Songco, Sun Life Grepa President Richard Lim, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, officially seals its partnership with Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the Philippines.

Friday, December 15, 2023

Bayad Makes a Massive Mark at the 2023 Singapore Fintech Festival

Bayad, the biggest and widest multi-channel payment platform in the Philippines, showcased its commitment to advancing financial technology and expanding its global presence at the 2023 Singapore Fintech Festival.

The highlight of Bayad's participation was the thought-provoking presentation by President and CEO Lawrence Y. Ferrer, where he shared valuable insights on the pivotal role of bill payments in catalyzing digital economic growth.

In his presentation titled "Fueling Progress: Bill Payments as the Catalyst for Digital Economic Growth," Mr. Ferrer emphasized the importance of bill payments in the Philippines and its significant contribution to the country's economy.

Saturday, October 28, 2023

Bayad And Ventaja, Elevating Digital Financial Solutions for Filipinos Overseas

CHAMPIONING DIGITAL FINANCIAL INCLUSION: Executives of Bayad and Ventaja on their partnership signing. Seen in the photo (from L-R) are Ventaja Chief Operations Officer Zaida G. Batallones, Ventaja Chief Executive Officer Vincent Paul D. Grey, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

In an effort to make greater strides in the country’s digital payment transformation, CIS Bayad Center, Inc. (Bayad)– the pioneer brand in the outsourced payment collection system and a full-service fintech subsidiary of Meralco – has officially renewed its partnership with Ventaja International Corp., a fintech institution, initially developed as a telecom prepaid card provider for Filipino migrant workers based overseas, and is now offering a variety of financial services such as remittance, loading and bills payment services for both government and household utilities, all of which, are powered and supported by Bayad’s robust biller aggregator system.

Friday, September 29, 2023

Bayad seals partnership with TALA, enabling convenient bills payment services

CHAMPIONING DIGITAL FINANCIAL INCLUSION: Executives of Bayad and Tala on their partnership signing. Seen in the photo (from L-R) are Tala President and Head of Finance Charisse Alvarez, Tala Chief Business Officer Jori Pearsall, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

Two fintech innovators – CIS Bayad Center, Inc. (Bayad), the country’s pioneer brand in the outsourced payment collection system, and Tala Financing Philippines, Inc. (Tala) - a global leading money app for the underbanked, has officially sealed its partnership, sharing the same goal of elevating the financial experience of Filipinos.

Tuesday, August 22, 2023

Bayad partners with Go VIP Center to empower Filipinos with more payment options

REDEFINING ONE-STOP-SHOP PAYMENT SOLUTION: Executives of Bayad and Go VIP Center meet for the signing of the partnership to provide customers with more bills payment options. Seen in the photo are (from L-R) Go VIP Center Chief Finance Officer Paul Wilson A. Gardon, Go VIP Center President and CEO Julie M. Estares, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

Bayad, the pioneer brand in the outsourced payment collection system, has partnered with Go VIP Center, a leading business solutions and financial services provider, to enable customers with more convenient ways to pay their bills.